Examlex
According to the text, whenever human activity generates a sufficient concentration of a substance in the environment to cause harm to people, it is called:
Tragedy of the Commons
A situation where individual users, acting independently according to their own self-interest, deplete or spoil shared resources through their collective action.
Tragedy of the Commons
A situation in which individual users, acting independently according to their self-interest, behave contrary to the common good of all users by depleting or spoiling shared resources.
Grazing Permits
Licenses issued by government or property owners allowing livestock to graze on land.
Internalize the Externality
The process whereby parties take into account the external costs or benefits of their actions, often through regulatory or market-based mechanisms.
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